Target costing: unit cost Calcutron Company is contemplating introducing a new type of calculator to complement its existing line of scientific calculators. The target price of the calculator is $75, annual sales volume of the new calcula¬ tor is expected to be 500,000 units. Calcutron has a 15% return-on-sales target.

390 Chapter 9 LO 4 REQUIRED Compute the unit target cost per calculator.